Nationwide crackdown launched on illegal nominee shareholders and land holdings
Candidate close to establishment wins Singapore presidential race
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Candidate close to establishment wins Singapore presidential race
2 Oct 01:02Key points summarised by AI
Former Deputy Prime Minister Tharman Shanmugaratnam achieved a landslide victory in Singapore's presidential election, securing 70.4% of the votes.
His decisive win, as a candidate closely linked to the ruling People's Action Party (PAP), signals continued public trust in the government amidst economic challenges and recent high-profile scandals.
The election served as a key indicator of public sentiment, highlighting the president's role in safeguarding national reserves and providing checks and balances on the government, despite being largely ceremonial.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Today 15:20Key points summarised by AI
Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.